Colorful old shophouses in Cross Street, Chinatown. Pictures From History | Universal Images Group | Getty Images Japan’s major indexes gained more than 2% in Tuesday morning trading as they returned from a holiday. The benchmark Nikkei 225 jumped 2.53% higher and breached 36,000 for the first time since Aug. 2. The Topix followed suit, gaining … Read more
U.S. crude oil topped $77 per barrel on Monday, rising for the fifth day as the Pentagon dispatched more forces to the Middle East in anticipation of an Iranian attack on Israel. Defense Secretary Lloyd Austin ordered a carrier strike group, including F-35 warplanes, to accelerate its deployment to the region. Austin also ordered a … Read more
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks were among the hardest-hit by the recent sell-off, as declines of 1.6% in July and more than 4% so far in August for Wall Street’s tech-dominated … Read more
Michael Nagle | Bloomberg | Getty Images Veteran investor David Roche expects a bear market in 2025 caused by smaller-than-expected rate cuts, a slowing U.S. economy and an artificial intelligence bubble. “I think [a bear market] is probably coming, but probably in 2025. We now know what will cause it,” the strategist at Quantum Strategy … Read more
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets opened higher on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks. Futures for key U.S. indexes were lower as investors awaited key inflation data due … Read more
When I look at Thursday’s rally, I am beginning to realize that we have become so binary and so up close that we have lost our ability to think about what matters. The big fish data got caught among the minnow minutiae and we ended up with ridiculous rallies that are, therefore, based on nothing. … Read more
It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P 500 and Dow Jones Industrial Average to its worst single-day performances since 2022. The VIX index — Wall Street’s fear gauge and a measure of … Read more
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca | Bloomberg | Getty Images Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from … Read more
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mixed Markets: The S & P 500 is trying to finish the week out on a higher note after fluctuating between gains and losses for a … Read more
